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NC H433

NC H433
SFRF/NCPRO Revisions


summary

Introduced
03/18/2025
In Committee
04/30/2026
Crossed Over
05/07/2025
Passed
05/12/2026
Dead
Signed/Enacted/Adopted
05/12/2026

Introduced Session

2025-2026 Session

Bill Summary

AN ACT DIRECTING THE OFFICE OF STATE BUDGET AND MANAGEMENT TO RECLASSIFY UNEXPENDED STATE FISCAL RECOVERY FUND BALANCES AND OTHER FUNDING, AUTHORIZING THE NORTH CAROLINA PANDEMIC RECOVERY OFFICE TO REALLOCATE STATE FISCAL RECOVERY FUNDS, DIRECTING THE OFFICE OF STATE BUDGET AND MANAGEMENT TO USE INTEREST EARNED ON VARIOUS FUNDS FOR OPERATIONS PERTAINING TO PANDEMIC RELIEF, AND EXTENDING THE DATE ON WHICH THE NORTH CAROLINA PANDEMIC RECOVERY OFFICE WILL CEASE TO OPERATE.

AI Summary

This bill allows the Office of State Budget and Management (OSBM) to reclassify unspent State Fiscal Recovery Funds (SFRF), which are federal funds provided to states to address the economic impact of the COVID-19 pandemic, to support other eligible government services, provided certain federal requirements are met and the funds were obligated by December 31, 2024. It also permits the North Carolina Pandemic Recovery Office (NCPRO) to reallocate SFRF to previously supported activities that align with federal guidelines, and directs OSBM to use interest earned on specific funds, such as the Local Fiscal Recovery Fund and Homeowner Assistance Fund, for pandemic recovery operations. Additionally, the bill extends the operational deadline for the NCPRO from June 30, 2026, to May 1, 2027, and modifies reporting requirements for both OSBM and NCPRO.

Committee Categories

Budget and Finance, Education, Government Affairs, Health and Social Services

Sponsors (44)

Patricia Cotham (R)* Karl Gillespie (R)* Tim Reeder (R)* Donna White (R)* Eric Ager (D),  Jonathan Almond (R),  Cynthia Ball (D),  Mary Belk (D),  Brian Biggs (R),  Jerry Branson (R),  Gloristine Brown (D),  Kanika Brown (D),  Terry Brown (D),  Laura Budd (D),  Becky Carney (D),  Richard Carver (R),  Maria Cervania (D),  Tracy Clark (D),  Mike Colvin (D),  Sarah Crawford (D),  Aisha Dew (D),  Jimmy Dixon (R),  Pricey Harrison (D),  Zack Hawkins (D),  Cody Huneycutt (R),  Monika Johnson-Hostler (D),  Donnie Loftis (R),  Tim Longest (D),  Nasif Majeed (I),  Ben Moss (R),  Howard Penny (R),  Ray Pickett (R),  Garland Pierce (D),  Rodney Pierce (D),  Joe Pike (R),  Dante Pittman (D),  Lindsey Prather (D),  Renée Price (D),  Reece Pyrtle (R),  Phil Rubin (D),  Mitchell Setzer (R),  Bill Ward (R),  Diane Wheatley (R),  Shelly Willingham (D), 

Last Action

Ch. SL 2026-3 (on 05/12/2026)

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